TRANSDIGM GROUP INC : Results of Operations and Financial Condition (form 8-K)
November 12, 2020 at 07:28 am EST
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Item 2.02. Results of Operations and Financial Condition.
On November 12, 2020, TransDigm Group Incorporated ("TransDigm Group" or the
"Company") issued a press release (the "Press Release") announcing its financial
results for its fourth quarter ended September 30, 2020 and certain other
information. A copy of this press release is furnished with this Current Report
as Exhibit 99.1 and is incorporated herein by reference.
The information contained in this item and in the accompanying exhibit shall not
be incorporated by reference into any filing of the Registrant, whether made
before or after the date hereof. The information in this item, including the
exhibit hereto, shall not be deemed to be "filed" for purposes of Section 18 of
the Securities Exchange Act of 1934, as amended, or otherwise subject to the
liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of
1933, as amended.
TransDigm Group will host a conference call for investors and security analysts
on November 12, 2020, beginning at 11:00 a.m., Eastern Time. To join the call,
dial (833) 397-0943 and enter the pass code 8789968. International callers
should dial (720) 405-3217 and use the same pass code. A live audio webcast can
be accessed online at http://www.transdigm.com. A slide presentation will also
be available for reference during the conference call; go to the investor
relations page of our website and click on "Presentations."
The call will be archived on the website and available for replay later that
day. A telephone replay will be available for one week by dialing (855) 859-2056
and entering the pass code 8789968. International callers should dial (404)
537-3406 and use the same pass code.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
The following exhibits are being filed with this Current Report on Form 8-K:
Exhibit No. Description
99.1 Press Release
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
TransDigm Group Inc. specializes in the design, manufacturing and marketing of aerospace systems and components. Net sales break down by family of products as follows:
- engine components and control systems (50.3%): mechanical and electromechanical actuators and control systems, pumps and engine control systems, power regulators, ignition systems, thermal management systems, fluid management systems, batteries and power supply systems, motion sensors, data recording, analysis and processing systems, etc. The group also offers winches, lifting systems and cargo handling systems;
- cabin systems and equipment (47%): cockpit safety components and systems, locking systems and devices, connectors, audio control systems, specialized sanitary equipment, seat belts and safety devices, interior fittings (seats, display systems, on-board entertainment systems, etc.) lighting systems, parachutes, freight delivery systems, etc. ;
- other (2.7%): non-aeronautical systems and equipment.
At the end of September 2023, the group operated approximately 100 production sites worldwide.
The United States accounts for 64.8% of net sales.